Does the age matter if I will convert to Roth? I don’t have any bills, no mortgage and in the 25% tax bracket. My health is great too.

3 comments so far...

rayven Said on March 19th, 2010 at 9:19 pm:

At 76, why wouldn’t you start taking the money out of your IRA to enjoy yourself?

Why really even think about moving to other retirement vehicles? You may be healthy and expect to live many years (good for you!), but the whole point of having an IRA is to invest for retirement. You’ve reached that time, enjoy it.

Jim Halpert Said on March 19th, 2010 at 9:31 pm:

Take your money out and enjoy it. Your very good at using the computer by the way.

Smiling Said on March 19th, 2010 at 10:16 pm:

You don’t need to take the money out unless you need it. My dad is 74 and doesn’t pull money yet.

Anyway, I see no benefit in converting to a Roth. You don’t say if you are working or retired but either way, I don’t your tax bracket would be increasing.